The global bare metal cloud market is expected to grow from US$ 1,432.1 Mn in 2017 to US$ US$ 12,287.1 Mn by 2025 at a CAGR of 31.8% between 2018 and 2025.
Bare Metal Cloud are high performance, highly configurable and on-demand cloud resources that are gaining significant popularity among multinational companies seeking for compliance, security, consistency and performance. Bare metal cloud enables its users to rent hardware sources from managed services providers or public cloud service providers. Some of the factors driving the bare metal cloud market include, rising demand for scalable, flexible, efficient and easy IT infrastructure, low CAPEX and OPEX, and rapidly increasing data traffic. The global bare metal cloud market is broadly segmented by service type, enterprise size, application, and geography.
Exhibit: Bare Metal Cloud Regional Markets
Rising adoption of Big Data and IoT by several industry verticals may create significant opportunities for Bare Metal Cloud market players across the value chain
Big Data and IoT are the most practiced technologies, across various industry verticals. With Big Data businesses can accomplish certain critical tasks such as determining a root cause of failures and calculating the risk factors based on historical data. This leads to certain cost and time reductions for organizations along with smart decision making. The adoption of Bare Metal Cloud has today reached a point where the popularity of Big Data and IoT goes hand-in-hand with the progress of bare metal cloud market. Business Intelligence, predictive analysis, prediction of buying behavior of the customer all such software can be found at a commonplace i.e. the Bare Metal Cloud vendor. The need to include Big Data and IoT as integral part of various businesses is thus driving the bare metal cloud market today.
North America is expected to represent the most attractive region in terms of Market Share
By region, North America Bare Cloud Metal Market is expected to hold the largest share of the global bare cloud metal cloud market during the forecast period. The region is expected to remain dominant over the forecast period owing to increase in demand for high-performance applications. These applications are sensitive to performance, security, consistent disk and network I/O performance, and high Quality of Service (QoS) and are also the major reasons for the increasing adoption and growth of bare metal cloud market.
Market initiative was observed as the most adopted strategy in global bare metal cloud market. Few of the recent strategies by some of the players in bare metal cloud market landscape are listed below-
2017: Sovrn extended its strategic partnership with INAP for OpenStack-powered bare-metal IaaS offerings.
2017: LunchBadger, and Joyent, collaborated to support multi-cloud serverless applications.
2017: Oracle to expand its cloud offerings to include Tesla V100 GPUs.
2017: Scaleway extended its portfolio with new x86 references, based on Intel Atom
Global Bare Metal Cloud- Market Segmentation
By Service Type
By Enterprise Size